Small Business Insurance
Small business cover for a range of trades & activities from £4.48 per month.*
- Public Liability up to £5 million
- Join over 150,000 customers**
- Flexible Payment Plans – 0% APR
From £4.48* a month
Save 10% Onlineˆ
What does small business insurance cover?
Our insurance for small businesses offers the essential liability cover you need to protect against potential claims, ensuring you operate securely and avoid financial losses. With public liability included, you also have the option to add extras like employers’ liability, tailored to the specific needs and size of your business.
We can provide cover to multiple trades and a variety of activities; our policies are designed to be adaptable to the services you offer and the scale of your business so you pay for the best suited cover you need.
Make sure you have the correct insurance for your activities and be sure to check if any exclusions are relevant to what you have planned in policy documentation.
Public Liability
Professional Indemnity
Employers' Liability
Commercial Legal Protection
Financial Loss
Public Liability
- Up to £5 million available.
- Protection from claims by a third-party (EG member of the public) who sustains injuries or has their property damaged as a result of your actions.
Professional Indemnity
- Up to £10,000 per claim available.
- Protection from clients’ who claim their injury was the result of your negligent professional actions.
Financial Loss
- Up to £5,000 per claim available.
- Protection from claims from other parties relating to financial losses not directly consequent upon bodily injury or damage.
Business Health Check
- A video consultancy providing you a health and safety review of your business.
- Provided by Peninsula SafeCheck consultants.
Employers’ Liability
- Up to £10 million available.
- Protection from claims against employee incidents, if that employee suffers a work-related injury and brings a claim against you.
- If you employ any staff members, Employers’ Liability is a legal requirement.
Commercial Legal Protection
- Up to £100,000 per claim available.
- Provides you with access to professional legal advice and representation in relation to contract disputes, legal defence, property protection and recovery of undisputed debts, to name a few.
- Cover for bona fide subcontractors, who should have their own insurance.
- Claims for financial losses relating to non or late delivery of products to third parties.
- Cover for your tools, equipment and stock.
- Claims arising due to liability allegations around premises owned, leased or rented by yourselves.
For information on exclusions in your cover please refer to policy documentation.
Why do you need small business cover?
Small business insurance is a proactive and responsible approach to managing risks. It not only helps comply with legal requirements but also safeguards your business, employees, and assets, providing the necessary support to navigate unexpected challenges.
Whilst your business may have the best of intention sometime things go wrong. Our specialist Small Business Insurance is designed to protect you against claims that may arise from unexpected incidents. These are some instances where claims might come about:
Protection against claims following public injury.
You need protection against claims arising from accidental injury to a client or damage to their belongings. This could be a client tripping over your equipment, or it could be damage to another persons belongings, such as a piece of furniture. Either way, in the event of an accident like this, you are vulnerable to a substantial compensation claim, as well as other associated costs.
An employee or temporary worker suffers a workplace accident.
Employees may be at risk of accidents or injuries during their work and hold you responsible. If you have employees or hire temporary workers for your catering services, employers’ liability covers you against claims from these incidents, it is a legal obligation with fines of £2500 per day for failing to comply.
Financial protection to cover legal expenses.
If you find yourself in a legal difficulty with a client or third party it may be necessary to seek legal help, which will come at a cost.
Having suitable legal protection in place can cover these expenses and provide you with the support in these incidents.
Our experts explain why...
“Small Business Insurance offers essential protection against a myriad of potential risks, from liability allegations to third party financial losses. Without adequate coverage, such incidents could lead to severe financial repercussions. Our Small Business Insurance ensures that you can focus on growing your organisation with the confidence that you are protected against unforeseen circumstances.”
Chris Trotman, Protectivity Underwriting Manager
How much does small business insurance cost?
The cost of small business insurance can vary depending on several factors, for example, if you employ staff then your policy will need additional cover in employers’ liability, at a higher cost.
Investing in specialist small business insurance is not just about protecting you from financial losses. It’s a small price to pay to provide additional, professional credibility that you take your business operations seriously. We recognise that all small businesses operate in a unique way and therefore our policies are designed to pay for what you need.
At Protectivity policies start at just £4.48* a month.
Prices from
£4.48* a month
Explainer quote
Policy cost
£4.48* a month
Policy type
Small Business Insurance
Activity
Caterer
Duration
Annual
Turnover
£50,000
Public Liability
£1,000,000
Professional Indemnity
£10,000 (per claim)
Financial Loss
£5000
This example is based on a real quote from our website on 1/10/2024. If your circumstances and cover needs differ, your quote may be more or less expensive than the above example. The quote you receive will reflect the information you share about your event. The quoted price may vary from those displayed here.
Have a question?
For further information on your policy, renewals, making a claim and contacting us, you’ll find an extensive list of FAQs on our Help & Support page.
Why choose Protectivity for your small business insurance policy?
Let the reviews of over 3,500 customers explain why you should choose us.¹
Trusted by over 150,000 customers.
Experienced insurance providers for over 30 years.
Over 3,500 highly rated reviews.
Proof of our excellent customer service.
Experienced Claims Handling
A smooth and efficient claims process.
UK Based Customer Support
Our UK sales team are here to help.
Frequently
Asked Questions
Small Business
Does your small business insurance cover me for working overseas?
This cover is meant for work in the United Kingdom, however it will allow cover abroad temporarily (max 25 days throughout your annual policy), for manual work in the EU and non-manual work anywhere in the world, in conjunction with your Business only.
Are my tools and equipment covered with small business cover?
Do I need small business insurance if I work from home?
Yes, you need public liability insurance to protect you against claims arising from accidental injury to a client or damage to their belongings.
Does your policy allow me and my staff to provide work using Heat away from our Premises?
No, not for the majority of trades available to be selected, with the exception of Domestic Appliance Repairer, Conservatory & Porch Erectors, Fencing Contractor, Roller Shutter/Door Installation, where there will be an endorsement added to your policy, allowing you to undertake work away from your premises, subject to you complying with a set of conditions outlined in the added endorsement titled ‘Hot Working and Use of Heat Equipment away from your Premises Condition Precedent’.
Can I include liability cover for subcontractors, who I use to aid my business?
This depends on your agreement with your subcontractors. Bona-fide subcontractors will have to have their own insurance cover and cannot be included on your insurance policy and in the numbers requested herein, you will be obligated to retain proof of their insurance. Labour-only subcontractors can be included on your policy of insurance, for work they provide under contract with yourself and your business only and should be included in the total numbers you provide in this application of insurance.
Discover more from Protectivity
This page content has been created for general information and should not be taken as advice.
*Prices quoted refer to a quote raised from our website 01/10/2024. Prices will differ depending on requirements. Make sure you have the correct level of cover for what you need. For the most accurate pricing, please get a quote and for full details on what is covered refer to our policy documentation with your quote.
** Based on Protectivity sales data from 2007 to Sep 2024
ˆ10% discount for policies bought online and applies only to the first-year of your policy premium. Protectivity reserves the right to amend or withdraw this offer at any time. Available to UK residents only.
¹Based on live Feefo data